Silver closed down by -4.36% to 25.0 on 23 January 2021 and +-3.94% on a weekly basis. Silver momentum was last calculated at +50.0/100 indicating positive momentum. Silver trend is +100.0/100 indicating a positive trend. Silver momentum exhaustion is 1.36726 indicating Silver is oversold.Silver RSI is 62.6685 .
MacroVar multi-factor statistical models monitor financial factors which are used to analyze and predict the Silver. Click here to explore the financial factors monitored and their current signals.
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Silver closed at 25.0 on 23 January 2021. Silver trend was last calculated at +100.0/100 (range: -100 to +100) indicating a positive trend based on MacroVar models. Silver momentum was last calculated at +50.0/100 (range: -100 to +100) indicating positive momentum. Silver momentum exhaustion is 1.36726 (normal range: -2.5 to +2.5, overbought values: greater than 2.5, oversold values: less than 2.5) indicating Silver is oversold and a possible reversal is imminent. Silver RSI was last calculated at 62.6685. Silver moving averages were last recorded as follows: 1-month moving average: 25.6723 in an uptrend , 1-quarter moving average: 24.7224 in an uptrend and 1-year moving average: 20.8194 in an uptrend. Silver annual return was last recorded at None%, daily return was last recorded at -4.36%, and weekly return was last recorded at -3.94%. Silver histrorical 20-day volatility was last recorded at 33.5669%, Silver alpha None, Silver beta None and Silver maximum drawdown was recorded at None%. MacroVar models monitor Silver statistics based on historical data since 1970.
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